Question 3 (10 points) show calculations for full or partial credit

You own Industrial Parts Painting Company, and use Job Order costing and machine hours as a plantwide overhead allocation base. Estimates for the year are:

Total manufacturing overhead: $475,000

Total machine hours: 12,500

Total labor hours: 8,000

Total labor cost: $160,000

A) (3 points) What is the predetermined overhead rate (POHR)? During the year the Victor's Valves (a customer!) parts paint job consisted of the following: 8 labor hours 6 machine hours $600 in direct materials $260 in direct labor

B) (3 points) What was the total amount of overhead applied to the Victor's Valves job?

C) (3 points) What was the total cost of the Victor's Valves job?

D) (1 point) What was the cost per part (valve) rounded to nearest penny if: use you amount only Eboni you painted 156 valves